Replies

WT, netiquette flag.

William Terrell: When I explained the structure of the NRST, all by one were horrified. 721

That is likely due in large part to your ignorance of the bill and your love of the income tax.

He can't even get it right on this forum where there's a ton of supporting information so as to help him not get it wrong on this thread. He is either ignorant of important points or he chose to deceive the reader. Knowing that to include a key point would refute one of his deceptions. You identified that in your last response as shown below:

William Terrell: ...have larger than average incomes, exactly the ones that can tolerate a sales tax and still be able to buy most of what they have in the past 717

Principled: Oops, Will. You forgot that poor folks have negative or zero tax rates under nrst. Who you tryin' to fool? 719

He didn't fool me. I was on to him from the get go. Thus the reason for my first post to him: "To all readers, a simple response is all that is needed. Read the Americans for Fair Tax at fairtax.org."

I hazard to guess his vested interest in the present tax system -- tax accountant? tax lawyer? bureaucrat? sells tax avoidance information? He claims to have talked to a lot of people about the NRST and "all by [sic] one were horrified". How many of them have yet to understand that the reason they were likely horrified was not because of the NRST but rather, because of William Terrell's ignorance or intent to deceive them. Oh well, it's not my or your credibility on the line.

I have read every word of HR 2525 and did an analysis on it a couple years ago. I failed to study the section rolling over the social security into the NRST. I have since. I posted that analysis on FR. Some of it was inaccurate but most was nailed. Principled himself was happy to point out an error I had made in evaluating the sales tax percentage algorithm. I was happy to point out that his correct evaluation made the percent higher.

We had a fun time in those days. You're a Johnny-come-lately.

Have you even read HR2525, much less studied it?

You weren't fooled? Really? If there is a provision in HR2525 that exempts the poor from paying the NRST, it would be a new addition. Would you care to post it, in case Principled fails to? You did see me ask him, didn't you? You didn't mention it.

(You may have noticed that this is my third post to yours. This is an attempt to keep the point isolated)

I hazard to guess his vested interest in the present tax system -- tax accountant? tax lawyer? bureaucrat? sells tax avoidance information? He claims to have talked to a lot of people about the NRST and "all by [sic] one were horrified". How many of them have yet to understand that the reason they were likely horrified was not because of the NRST but rather, because of William Terrell's ignorance or intent to deceive them. Oh well, it's not my or your credibility on the line.

No, actually old son, I'm the owner of a manufacturing outfit in my home state that sews high quality fabrics into shapes stuffed with polystyrene beads. I sell to retail stores. I have been in that business for a year and am doing right well. I intend to stay in it, certainly will be in it when if an NRST rools around. I wouldn't be affected by the NRST.

However, I would have to raise my prices to be able to aford what I'm used to buying with a 30% NRST. I guess you would say that could motivate me.

But mostly I'm motivated by how incredibly stupid it is for a free society to figure that the frying pan is hotter than the fire.

Do you not understand that social control is a hell of a lot easier when the grip is on the consumption side. Have you ever heard of a Hydrolic Empire? There's some references to it on the web. It'll hold your attention.